Audio Network

Collaborating with over 750 composers, artists and producers from across the globe, we’ve built a world-class catalogue of original music spanning every conceivable style, mood and instrumentation. And while we’ve grown a lot since starting out in 2001, we still focus on our customers and these three core values: The highest quality music We only record with the best, authentic musicians and composers at the top recording facilities in the world. Simple pricing and licensing All of our music is pre-cleared for multiple platforms, worldwide, forever. We liberate music for content creators around the world, so whether you're making a YouTube video or a blockbuster film, we've got a licence that works for you. Creativity Designed with creatives in mind, our music is used around the world by some of the media industry's biggest names: the BBC, National Geographic, Discovery and MTV. And with 1000 tracks added monthly, you'll always be able to find new music. Finding the track that expresses the mood you want to create in your work has never been easier. That’s what we call liberating music.
Company Growth (employees)
Type
Private
HQ
London, GB
Founded
2001
Size (employees)
198 (est)
Audio Network was founded in 2001 and is headquartered in London, GB

Audio Network Office Locations

Audio Network has an office in London
London, GB (HQ)
54 St John's Square

Audio Network Financials and Metrics

Summary Metrics

Founding Date

2001

Total Funding

$471 k

Latest funding size

$471 k

Time since last funding

almost 13 years
Audio Network's latest funding round in January 2005 was reported to be $471 k. In total, Audio Network has raised $471 k

Audio Network Financials

Audio Network's revenue was reported to be £20.5 m in FY, 2016 which is a 16% increase from the previous period.
GBP

Revenue (FY, 2016)

20.5 m

Revenue growth (FY, 2015 - FY, 2016), %

16%

Gross profit (FY, 2016)

19.6 m

Gross profit margin (FY, 2016), %

95%

Net income (FY, 2016)

5.1 m

Cash (30-Jun-2016)

2.6 m
GBPFY, 2014FY, 2015FY, 2016

Revenue

14.8 m17.7 m20.5 m

Revenue growth, %

20%16%

Cost of goods sold

543.4 k733.6 k958.8 k

Gross profit

14.2 m16.9 m19.6 m
GBPFY, 2014FY, 2015FY, 2016

Cash

3.9 m1.4 m2.6 m

Accounts Receivable

5.2 m6.8 m9 m

Current Assets

9.6 m10.1 m14.7 m

PP&E

399.8 k508.4 k525.9 k
GBPFY, 2014FY, 2015FY, 2016

Cash From Operating Activities

5.4 m5.5 m6.1 m

Cash From Financing Activities

(265 k)(515.6 k)(1.2 m)

Income Taxes Paid

(1.2 m)(1.2 m)(1.3 m)
Y, 2016

Financial Leverage

1.5 x
Show all financial metrics

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Audio Network Online and Social Media Presence

Audio Network Company Life and Culture

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